Homeowners in Jacksonville, MD Receive SOME Compensation for Loss of House Values Due to Exxon Gas Spill

By
Real Estate Agent with Cummings & Co. Realtors

The verdict is in and the jury has decided in favor of the plaintiffs. The question is, is it enough?

This once quiet, serene, little corner of the world called Jacksonville, MD became the center of a huge lawsuit with Exxon Mobile over a leak for 37 days of over 26,000 gallons of oil. The oil seeped into the ground water, which feeds the surrounding community's wells.

The biggest questions -- Can these homes be sold? Will the MTBE ever leave their wells? Will an average of almost $700,000 cover the concern, possible future issues, and true loss of value of these houses?

I wish I knew the answer and could more effectively help these homeowners. It saddens me that an avoidable mistake on the part of the gas station serviceperson who shut off the alarm instead of seeing that there really was a problem could affect these homeowners for the rest of their lives.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Maryland Baltimore County Jacksonville
Tags:
baltimore house values
baltimore housing market
baltimore county
baltimore county house values
exxon gas spill
jacksonville
md

Spam prevention
Show All Comments
Ambassador
3,312,975
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Marney, I loved meeting you and hearing your social media presentation today at the WCR luncheon at GBBR. You are dynamite! Are you going to post today's session on Twitter?

Apr 16, 2009 06:22 AM #1
Rainmaker
442,558
Marney Kirk
Cummings & Co. Realtors - Towson, MD
Towson, Maryland Real Estate

I enjoyed meeting you, ActiveRain master, as well! I will be blogging hopefully tomorrow about our wonderful session today.

Thanks so much!

Apr 16, 2009 02:31 PM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
442,558

Marney Kirk

Towson, Maryland Real Estate
Ask me a question
*
*
*
*

Additional Information